7216 Tessera PKWY, Lago Vista TX 78645

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $624,679. Pricing this home between $530,000 and $540,000 would put it in the competitive sweet spot for TESSERA. Buyers shopping in TESSERA right now would see this as a well positioned option among 4 comparable homes. Being 100 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.30 acres versus the area average of 0.26) contributes to the valuation. 4 similar homes are currently available in TESSERA, creating a buyer's market for this price range. Market data shows TESSERA prices risen 27.3% over the last half year. The closest comparable sale, 7906 Turnback Ledge TRL, Lago Vista TX 78645 at an adjusted $618,481, is with a larger floor plan. The comp data here (4 sales in TESSERA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus